Wall Street navigated some potent obstacles this week, like Greece's elections and the Federal Reserve's slashing its US economic growth forecasts, but the drama is not over.
Investors say big gains will be hard to come by amid signs of slowing growth and economic headwinds from the euro zone.
The S&P 500 posted its second-biggest daily decline of the year this week. Trading is likely to be volatile in the final week of the quarter as headlines from Europe drive sentiment.
The market also is awaiting a US Supreme Court ruling on the Obama administration's healthcare overhaul, and there are certain to be winners and losers in the healthcare sector, depending on how the justices decide.
European Union leaders will begin a two-day meeting on long-term plans for fiscal and banking union on Thursday.
Italian Prime Minister Mario Monti said the euro zone countries faced "escalating speculative attacks" unless a lasting solution to Europe's financial crisis is found at the |
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